Friday, April 13, 2012

Walkie Talkie App Voxer Goes Big, IVP And Intel Lead $30 Million Round

1_PTT_webVoxer, a walkie talkie mobile app that lets you talk to friends across iPhones and Androids, looked like an overnight success last November when it soared to its current place as a top social networking app in the app stores. But the company is five years old and has been working hard to figure out the software and design it needed to win big. It's ready to go all the way, having just closed a funding round of more than $30 million led by Institutional Venture Partners, Intel Capital and numerous angels, I've heard from multiple source. The company has confirmed the amount and agreed to share more -- but it didn't confirm the valuation, which I hear ended up at $180 million pre-money after a couple months of discussions with many interested investors.

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